SEC Chairwoman White says agency is ‘full-out’ working on fiduciary rule
SEC chief says “if at the end of the day, you are depriving retail investors of reliable, reasonably priced advice, you will not have succeeded."
Securities and Exchange Commission Chairwoman Mary Jo White said Tuesday that agency staff is “full-out” working on a proposal to raise standards for retail investment advice, but that it would take time to “get it right.”
A primary reason for the slow pace is that the SEC w
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